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Risk Associate

There is an exciting opportunity for a Risk Associate to join our client's RIsk Team. Our client is one of Ireland's largest Insurance providers and they are looking to expand their Risk Team. This is a full-time, permanent role and will operate on a hybrid work schedule. Reporting to the Risk Manager, the newly appointed Risk Associate will be responsible for maintaining a robust Risk Management framework and work to continuously review and improve all processes related to risk. This role would suit someone coming from a background in Risk/Audit and will have a working knowledge of risk frameworks within financial services.

Key Responsibilities

  • Contribute to the maintenance of a robust Risk Management Framework aimed at identifying, evaluating, overseeing, tracking, and communicating risks that impact the company.

  • Foster collaboration with business units to ensure timely risk reporting, meticulous register upkeep, and transparent communication of risk-related issues and incidents. Keep key Committees informed about shifts in risk landscape, especially those nearing or exceeding risk tolerance thresholds.

  • Play an active role in nurturing a proactive risk culture that anticipates potential hazards, promptly escalates concerns, and supports the identification of risk acceptances aligned with the defined risk appetite.

  • Aid in the preparation of comprehensive risk reports on a quarterly basis for various decision-making bodies including the Working Group, Steering Group, Control Forum, Audit & Risk Committee, and Board. Additionally, fulfill ad hoc reporting needs as they arise.

  • Contribute to the annual Compliance Risk Assessment, Fraud Risk Assessments, and regular risk reporting to the Group. Maintain a consistent cycle of internal audit action updates on a monthly basis.

  • Collaborate on crafting and delivering effective risk training sessions tailored to pertinent stakeholders' requirements.

  • Conduct horizon scanning to identify emerging risks and potential opportunities on the horizon.

  • Establish effective channels of communication with the Group's risk functions to implement localized policy and procedural adaptations.

  • Engage in ad hoc tasks as needed to support dynamic risk management demands

Key Requirements

  • Recognised Risk Management/Compliance/Audit qualification

  • 2-3 years of experience working in a risk-focused role within financial services, preferably insurance but this is not a hard requirement.

  • Working knowledge of the regulatory framework for risk within financial services

  • Excellent attention to detail and ability to work towards deadlines

For a confidential discussion and more information on the role, please contact Ryan Blackett. 

(021) 4911065